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"If there is no binding offer in September, preferably Sept. 17, then I think we are dead".
Ssangyong had set Tuesday as the deadline for a binding offer for the company.
I have never made a bid for a company and not followed through with a binding offer when given the customary due diligence.
French insurance group AXA said Friday it has received a binding offer for its reinsurance business from a private-equity consortium led by Stone Point Capital.
Gazprom, the only prospective bidder, failed this month to make a binding offer for Depa, the state natural-gas supplier.
In a news release, Mr. Narasin said that his only communication with Narax before the company's bid announcement was the fax, which said, "This communication describes a nonbinding proposal and does not constitute a binding offer".
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Binding offers are due in two weeks.
Jack Singer, on learning of Coppola's bind, offered an $8-million 8-millioninish the filoanbutoonly ifinishould recover his investhent on an equal filming with Chase.
Students who are granted admission under one of these programs will receive a non-binding offer of admission and may accept another school's offer.
The formal offer of 810 pence per share, or about 8.75 billion pounds ($15.4 billion), was essentially just a repeat of its previous non-binding offer of March 17, which BAA flatly rejected.
According to a report in Italian paper La Repubblica RTL, the pan-European broadcaster and parent company of X Factor co-producer FremantleMedia, has submitted a non-binding offer for Endemol.
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